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LOCAL GUIDE

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All About

Living In Bonham, TX

Bonham, a small town in Texas, has a population of slightly less than 10,000. It's a comfortable place to settle down, as retirees make up a greater percentage of the population (19%) here than they do nationally (14%). With an average age of just under 41, the town's residents skew older than most cities in Texas. Renters tend to be in the minority in Bonham, and 59% of residents own their homes. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $726/month. Over the course of a year, renters in Bonham will save around $3,600 compared to the state average.

Averaging about 22 minutes, the commute time for Bonham residents is quicker than the state average of about 27 minutes. Many residents (25%) commute to work by car or truck, while public transit is not used. Walking isn't a common means of commuting to work.

Seven percent of the population in Bonham works in healthcare, making it the most common industry. Bonham workers earn an average annual income of just over $47,000, around $26,000 less than the average Texas resident. Bonham's average income also falls below the national average of $73,345. Bonham has a large number of residents over the age of 25 who have earned a high school degree or GED (25%) compared to the national average. In addition, 6% possess a Bachelor's degree and 2% have earned a Master's degree or Doctorate.



Frequently Asked Questions About Bonham

How much does it cost to rent in Bonham, TX?

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Is it expensive to rent in Bonham?

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Are there any cheap apartments for rent in Bonham?

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